Not paranoid enough!
Paul Krugman still defends free trade, but does so while channeling John Rawls in favor of the “free trade losers.”
Zero-hour contracts are somewhat of a Catch-22 in the UK. What impact will Brexit have on these temporary workers, and are there any parallels in the U.S.?
Not paying taxes for 18 years is not necessarily tax evasion
A Princeton professor has demonstrated that you can’t pick stocks that “beat the market.” The future, by in large, is unpredictable. Except one area of the future, is predictable. For a possible investing strategy that relates to that predictable area of the future, read on.
Not one of which is, “You know, that Jim Cramer is really on to something.”
Perhaps there is more to piracy than its need to be stopped.
A lot of people feel that the global economy has let them down. How do we figure out whether that is true, and what to do about it?
Blogging is fun. Why do so few women in the economics profession do it? Vikram mansplains.
Joe Sal has two axes to grind.
Back in June, the Supreme Court quietly took another step in their ongoing “war on coal”.
Sam Bowman of the UK’s Adam Smith Institute writes what he calls “a neoliberal case for a basic income.” Despite his loathing for the term neoliberal, Jason Kuznicki embraces this case and builds upon it, with reference to Levy and Hayek.
It remains for Canadians to decide what Canadians can afford, but it does somewhat beggar belief that the Canadian system of single-payer healthcare will sink or swim on this particular margin.
The best biography written by a CEO is not a business biography.
How does the unregulated “free market” determine the wages paid to prostitutes?
A CEO crashing his car is an accident. A CEO crashing his car and dying a day after being indicted for criminal charges is not.
The tragedy of the 2016 campaign is that Trump has mobilized a constituency with legitimate grievances on a fool’s errand.
Valuing one set of customers’ wishes over another’s is not the harbinger of Freedom and Liberty’s End Times.
Do kids have better senses of self-worth than adults?
Is a factory worker replaced by a robot any less deserving than one who is displaced by foreign goods?
Vikram explains to his daughter why Buzzfeed is great.
We conclude the market failure series by talking about what to do when you have goals besides allocative efficiency.
A peculiar reason to buy a second car
Nob gets a bit nitpicky over numbers: Or why context matters when discussing statistics.
A recent court case in Illinois may mean that not-for-profit hospitals will lose their tax exemptions.
Unfortunately correcting market failures is an exercise in using one imperfect tool to fix the imperfections in another.
Thinking is hard.
Thoughts on the work we do and how little it says about us.
Some light speculation as to which companies may get there first.
What you don’t know can hurt everyone.
Why can’t we all just get along?
What happens when a small number of producers or consumers starts to gain control over the price system?
Economic decision-making becomes a lot more complicated when your decisions affect 3rd parties.
Post hoc, ergo propter hoc.
To understand what a market failure is, you first need to understand the market successes.
In which I outline an eight-part series on how markets can fail, and what to do about it.